Franklin Joshva
![Advance Ruling Sought on Taxability of Supplier’s Transactions and Local Authority Status for Thane Municipal Transport Undertaking Not Admissible u/s 97: AAR [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/500x300_2072414-advance-ruling-thane-municipal-transport-aar-taxscan.webp "Advance Ruling Sought on Taxability of Supplier’s Transactions and Local Authority Status for Thane Municipal Transport Undertaking Not Admissible u/s 97: AAR [Read Order]")
Advance Ruling Sought on Taxability of Supplier’s Transactions and Local Authority Status for Thane Municipal Transport Undertaking Not Admissible u/s 97: AAR [Read Order]
The Maharashtra Authority for Advance Ruling (AAR) held that the questions raised do not qualify under Section 97(2) of the Central Goods and Services...
![Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/250x150_2072448-bogus-ltcg-itat-taxscan.webp "Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]")
![Delay in Filing Appeal Due to Illiteracy and Email Issues: ITAT Condones 349-Day Delay, Restores Ex-Parte Assessment to AO for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/250x150_2072389-delay-filing-appeal-illiteracy-and-email-issues-itat-restores-ex-parte-assessment-taxscan.webp "Delay in Filing Appeal Due to Illiteracy and Email Issues: ITAT Condones 349-Day Delay, Restores Ex-Parte Assessment to AO for Verification [Read Order]")
![Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071816-bogus-ltcg-addition-itat-validates-demerger-allotted-transaction-documentary-evidence.webp "Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]")
![MAT Credit Revised from ₹29.17 Cr to ₹29.94 Cr Post-Appellate Recalculation: ITAT Upholds Higher Claim [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071545-itat-mumbai-mat-credit-mat-credit-revised-taxscan.webp "MAT Credit Revised from ₹29.17 Cr to ₹29.94 Cr Post-Appellate Recalculation: ITAT Upholds Higher Claim [Read Order]")
Unexplained Stock and Sales Suppression Additions: ITAT Upholds CIT(A)’s Order Citing Single CCTV Footage and Lack of Corroborative Evidence [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] order and ruled that the Assessing Officer's estimations, reliant on a...
![Unexplained Stock and Sales Suppression Additions: ITAT Upholds CIT(A)’s Order Citing Single CCTV Footage and Lack of Corroborative Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/08/03/500x300_2072693-unexplained-stock-sales-suppression-additions-itat-cctv-footage-lack-of-corroborative-evidence-taxscan.webp "Unexplained Stock and Sales Suppression Additions: ITAT Upholds CIT(A)’s Order Citing Single CCTV Footage and Lack of Corroborative Evidence [Read Order]")
Deduction Under Section 80P Upheld for Regional Rural Bank: ITAT Confirms Co-operative Society Status Under RRB Act [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) has affirmed eligibility for deduction under Section 80P of the Income Tax Act, 1961, by recognizing assessee’s status as a...
![Deduction Under Section 80P Upheld for Regional Rural Bank: ITAT Confirms Co-operative Society Status Under RRB Act [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071452-itat-chennai-section-80p-rural-banks-taxscan.webp "Deduction Under Section 80P Upheld for Regional Rural Bank: ITAT Confirms Co-operative Society Status Under RRB Act [Read Order]")
Evidence For Normal Business Activity: ITAT Upholds Surrendered ₹1.60 Cr as Business Income, Rejects S. 115BBE Application [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Rs. 1.60 crore surrendered during a survey constitutes normal business income, dismissing the Revenue’s ...
![Evidence For Normal Business Activity: ITAT Upholds Surrendered ₹1.60 Cr as Business Income, Rejects S. 115BBE Application [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071416-business-income-taxscan.webp "Evidence For Normal Business Activity: ITAT Upholds Surrendered ₹1.60 Cr as Business Income, Rejects S. 115BBE Application [Read Order]")
S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled a valid registration under Section 12A of the Income Tax Act, 1961 is mandatory to claim exemptions under Sections 11 and...
![S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071429-itat-upholds-s12a-registration-mandatory-town-planning-authority-taxscan.webp "S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]")
![S. 80G Application Rejected without Independent Scrutiny: ITAT Sets aside CIT(E) Orders [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071355-80g-application-rejected-independent-scrutiny-itat-cite-orders-taxscan.webp "S. 80G Application Rejected without Independent Scrutiny: ITAT Sets aside CIT(E) Orders [Read Order]")
Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the admission of additional evidence under Rule 29 of the ITAT Rules, 1963, to substantiate the genuineness of a business advance...
![Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071408-additional-evidence-filed-supporting-genuineness-business-advance-itat-remands-30-cr-unexplained-credit-taxscan.webp "Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]")
Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal ( ITAT ) remitted the matter to the Commissioner of Income Tax (Appeals) [ CIT(A) ] ruling that notices were sent to an incorrect email ID...
![Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071593-email-notice-email-notice-sent-to-id-not-cited-in-form-35-email-notice-sent-to-id-taxscan.webp "Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]")